Business

BoT sees renewed hope for growth as gold prices edge higher globally

Mr Tutuba noted that higher prices are also good news for mining companies, whose production costs typically range between $1,000 and $2,000 per ounce.

  1. Manufacturers warn smuggled oil is crippling local industry

  2. Startups pin hopes on Samia Sh200bn pledge

  3. Shilling steady on $175m injection, increased exports

  4. BoT injects $45 million into the forex market

  5. Tanzania regional trade surplus widens by 56 percent

  6. Auric Air launches Kahama, Mwanza flights in response to rising demand

  1. Rollout of universal health insurance on the horizon

  2. West Africa pushes for cheaper flights as bloc cuts fees and taxes

  3. Tanzania’s Amsons Group to set up $250 million clinker plant in Kenya

  4. Asahi Group to acquire Diageo’s majority stake in EABL

  5. Stakeholders demand shift to agroecological farming for food safety

  6. Step up investment in aviation, government urges private sector